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China's Industrial Production rose by 5.4%

Value-added industrial output in China rose ​5.4​% in the January-February period from a year earlier, slowing from 5.9% growth in December, data from the National Bureau of Statistics showed​ on Saturday​. Industrial production, a rough proxy for economic growth, undershot a median 5.6% growth forecast by 17 economists polled by The Wall Street Journal. Read more...

Australian Retail Sales rose 0.3% in January

The trend estimate rose 0.3% in January 2016. This follows a rise of 0.3% in December 2015 and a rise of 0.3% in November 2015. The seasonally adjusted estimate rose 0.3% in January 2016. Analysts were forecasting 0.4% rise. This follows a relatively unchanged December 2015 (0.0%) and a rise of 0.4% in November 2015. In trend terms, Australian turnover rose 4.0% in January 2016 compared with January 2015. Read more...

UK Retail Sales increased by 2.3%

Compared with December 2015, the quantity bought in the retail industry is estimated to have increased by 2.3%. Incline by 0.8% was expected. Average store prices (including petrol stations) fell by 2.6% in January 2016 compared with January 2015, the 19th consecutive month of year-on-year price falls. The amount spent in the retail industry increased by 2.4% in January 2016 compared with January 2015 and increased by 2.3% compared with December 2015. Read more...

U.S. Retail Sales rose by 0.2% in January

Retail sales increased for a third straight month in January as Americans kicked off 2016 by spending freely on cars, clothing and online merchandise. The 0.2% increase matched the previous month’s advance that was initially reported as a decline, Commerce Department data showed Friday. The median forecast called for a 0.1% gain in January. Excluding cheaper gasoline, which depressed service-station receipts, purchases climbed 0.4%.
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